Thailand: Clearer Signs of a Turnaround - Upside Surprise Likely

Economist, Centennial Asia Advisors

Jason Tan

Economist

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

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<p>Thailand’s economy continued on its upswing, with private consumption and investment levels keeping at robust levels while fiscal expenditure continued to rev up. Tourism remained a key pillar of economic growth even as exports remained tepid amid the weak global context. The Bank of Thailand kept the benchmark rate unchanged at 1.5% for the sixth straight meeting and indicated that government spending should revive flagging growth rates in the year ahead, even as monetary policy remains…</p>

Thailand’s economy continued on its upswing, with private consumption and investment levels keeping at robust levels while fiscal expenditure continued to rev up. Tourism remained a key pillar of economic growth even as exports remained tepid amid the weak global context. The Bank of Thailand kept the benchmark rate unchanged at 1.5% for the sixth straight meeting and indicated that government spending should revive flagging growth rates in the year ahead, even as monetary policy remains…

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